Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Lender. In the event of failure by the Company to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to the Company. The Company shall furnish the Lender with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.
Appears in 5 contracts
Samples: Security Agreement (Stran & Company, Inc.), Security Agreement (Janel Corp), Security Agreement (Plures Technologies, Inc./De)
Notice of Cancellation, etc. All policies of insurance shall will provide for at least thirty (30) 30 days prior written cancellation notice to the Lender. In the event of failure by the Company Borrower to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to the CompanyBorrower. The Company shall Borrower will furnish the Lender with certificates of insurance and copies policies evidencing compliance with the foregoing insurance provision.
Appears in 4 contracts
Samples: Security Agreement (Advanced BioEnergy, LLC), Security Agreement (Great Plains Ethanol LLC), Security Agreement (Golden Grain Energy)
Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Lender. In the event of failure by the Company to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to the Company. The Company shall furnish the Lender with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.
Appears in 2 contracts
Samples: Subordinated Loan Agreement (Rurbanc Data Services Inc), Subordinated Loan Agreement (Rurbanc Data Services Inc)
Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Lender. In the event of failure by the Company to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to the Company. The Company shall furnish the Lender with certificates of insurance ins xxxx xx and policies poli cies evidencing compliance with the foregoing insurance provision.
Appears in 1 contract
Samples: Revolving Note and Credit Agreement Modification Agreement (International Baler Corp)
